What are the main factors that influence a Cost Analyst's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

How does experience change A Cost Analyst's salary?

A Cost Analyst's salary grows with experience: a Cost Analyst I (0-2 years)earns $74,245, a Cost Analyst (2-4 years)earns $92,554, a Cost Analyst III (4-7 years)earns $106,063, a Cost Analyst IV (7+ years)earns $134,965,

What are the highest paying states for a Cost Analyst?

Cost Analyst salary varies significantly by state. The top 3 highest paying states for Cost Analyst roles are District of Columbia $92,759, California $92,408, Massachusetts $91,176. These tech hubs typically pay 10-15% above the national average.

How much do different types of Cost Analyst roles make?

Salaries for Cost Analyst level roles vary by specialization: Cost Analyst IV: $120,611; Cost Analyst III: $94,783; Cost Control Analyst: $94,661; Procurement Cost Analyst: $84,845; Cost Accounting Analyst: $82,745.

Cost Analyst Salary in District of Columbia

How much does a Cost Analyst make in District of Columbia?

As of May 18, 2021, the average salary for a Cost Analyst in District of Columbia is $93,245 per year, which breaks down to an hourly rate of $45.

However, a Cost Analyst's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $108,735
Majority Range (25th-75th percentile): $86,412 to $101,353
Entry-Level (10th percentile): $80,190

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Cost Analyst Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$101,353	$8,446	$1,949	$49
Average	$93,245	$7,770	$1,793	$45
25th Percentile	$86,412	$7,201	$1,662	$42

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Key Factors That Influence Cost Analyst Salaries

A Cost Analyst's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Do Cost Analyst Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Cost Analysts. For example, consider the average annual salaries in these key locations:

District of Columbia: $92,759.
California: $92,408.
Massachusetts: $91,176.

District of Columbia $92,759 California $92,408 Massachusetts $91,176 Washington $90,841 New Jersey $90,807 Alaska $90,690 Connecticut $89,534 New York $89,065

Hawaii $87,565 Rhode Island $86,861 Maryland $86,384 Minnesota $85,730 Colorado $85,479 Illinois $85,395 Oregon $85,077 Delaware $84,842

New Hampshire $84,695 Virginia $84,365 Pennsylvania $83,401 Nevada $82,915 North Dakota $82,756 Michigan $82,505 Wisconsin $82,413 Vermont $82,228

Texas $81,717 Maine $81,684 Arizona $81,634 Ohio $81,575 Georgia $80,804 Indiana $80,419 Wyoming $80,343 Utah $80,226

Iowa $80,176 Kansas $79,774 Louisiana $79,657 North Carolina $79,615 Missouri $79,598 Florida $79,271 Montana $79,095 Nebraska $78,928

Kentucky $78,835 South Carolina $78,500 Tennessee $78,291 Idaho $78,207 New Mexico $77,596 Oklahoma $77,462 Alabama $76,967 South Dakota $76,138

Arkansas $75,685 West Virginia $75,442 Mississippi $74,714

Top Paying Cities for Cost Analysts

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

Parcel Return Service: $92,759
Washington: $92,759
Naval Anacost Annex: $92,759

Parcel Return Service, DC $92,759 Washington, DC $92,759 Naval Anacost Annex, DC $92,759 Washington Navy Yard, DC $92,759

Cost Analyst Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Cost Analyst's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on May 18, 2021

$86,412

Average $93,245/year

$101,353

$7,201

Average $7,770/month

$8,446

$1,662

Average $1,793/week

$1,949

$42

Average $45/hour

$49

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$101,353	$8,446	$1,949	$49
Average	$93,245	$7,770	$1,793	$45
25th Percentile	$86,412	$7,201	$1,662	$42

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